Oracle's AI-Fueled Growth Silences Doubters -- for Now

Oracle (NYSE: ORCL) might well be the Rodney Dangerfield of cloud providers -- "I don't get no respect." Despite reporting better-than-expected results for two consecutive quarters, the stock has fallen 54% over the past six months. Soaring capital spending and fears about a slowing in demand for artificial intelligence (AI) have weighed on the cloud infrastructure and AI provider.

After the market closed on Tuesday, Oracle reported its results, and the stock is finally getting a little love, climbing roughly 11% in after-hours trading.

Image source: The Motley Fool.

Source Fool.com

Oracle Corp. Aktie

Ein deutlicher Verlust bei Oracle Corp. heute, um -1,70 %.
Oracle Corp. ist ein klarer Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 239 € für Oracle Corp. bedeutet eine mögliche Steigerung um über 50% im Vergleich zu 148.74 €.

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